Merrill Lynch concerned over Bitcoin’s “suitability and eligibility” in its ban for advisors
GBTC News
GBTC is the stock ticker of the Bitcoin Investment Trust (BIT) company, which has become the first public Bitcoin fund. GBTC's price directly depends on the increase in demand for GBTC, which — for its part — might be affected by BTC's price. That actually happened when BIT was launched and the BTC price increased 20 percent. The first official announcement about the appearance of BIT was made in 2015. Fund BIT was founded in 2013 by founder and CEO of Digital Currency Group, Barry Silbert. BIT has become the first fund that trades Bitcoin in a public exchange and has obtained the necessary agreements from regulatory organs and received the official Bitcoin Investment Trust GBTC ticker. GBTC of Bitcoin Investment Trust is an important step on the way to the massive acceptance of cryptocurrency.
- Analysis
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by Joseph Young
The demand toward Bitcoin is also increasing at a rapid rate in the public stock markets. Some ETFs and instruments including Bitcoin Investment Trust are being...
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by Jon Buck
Rothschild Investment Corp. Buys into BTC Per SEC.
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by Erin Lace
This week ARK Investment became the first ETF to invest in Bitcoin, purchasing publicly traded shares of Grayscale's Bitcoin Investment Trust (GBTC), which are ...
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by Allen Scott
Cointelegraph reached out to Coinsilium to get some more details on its milestone IPO.
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